For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
Bitcoin and crypto ETFs are in bearish mode with market data showing over $3 billion outflow in 8 days.
CME group, the leading derivatives marketplace, known for its crypto support, expands its offering to altcoins. The firm announced its upcoming support for Solana futures contract.
The EF Silviculture Society aims to uphold principles such as open-source collaboration, privacy, security, and censorship resistance – essential pillars of Ethereum’s decentralized nature.
The hackers have moved 54% of the $1.4 billion stolen from Bybit, using cross-chain platforms like THORChain.
Amid a 23% weekly correction in Solana price, Binance has clarified it hasn’t sold tokens despite social media speculation triggered by market makers withdrawing substantial SOL from the exchange.
Even though Pi Network just released its mainnet, it still needs to meet Binance’s listing standards before its token can be listed.
Global markets witness a liquidity surge projecting an optimistic second quarter in 2025. Will the liquidity spike drive a similar bullish spree in crypto markets and pump the BTC price once again?
Following the Bybit hack, Vitalik Buterin highlights that cryptocurrency loss extends beyond theft to include forgotten passwords and lost devices, with victims often remaining silent due to shame.
Germany’s DekaBank is expanding into crypto trading for institutional clients through a partnership with Boerse Stuttgart Digital, leveraging the stock exchange’s regulated infrastructure and MiCA license.
Saylor has a history of encouraging extreme measures for Bitcoin investment, including mortgaging homes and maxing out credit cards.
The altcoin market faced a steep correction, with Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) dropping 8-10% taking 24-hour liquidations to $952 million.
Bitcoin marks a dip to $78k as the crypto market witnesses a $500B decline this week. Furthermore, the rising outflows in the Bitcoin ETFs and historical trends warn steeper corrections before a potential bounce back.
Orochi Network plans to use the $12M funding to strengthen its systems, reach more users, and establish key industry collaborations.
Tyler Williams, newly appointed crypto counselor to Treasury Secretary Scott Bessent, has announced his focus on helping Congress develop appropriate stablecoin legislation as the US accelerates crypto regulation efforts.
The SEC has reached a preliminary agreement to end its lawsuit against Consensys, the company behind MetaMask wallet, following accusations that its swap and staking services violated securities laws.